Tax-free school money

If you are searching for a way to pay for your education, you may want to look to your employer for help.  Most benefits that are offered by an employer are considered taxable income.  However, if tuition assistance meets specific qualifications, the money you receive from your employer for educational assistance could be tax-free money.  You may be able to get tax-free educational assistance from your employer that covers tuition, fees, books and supplies.  For more information about employer educational assistance read, “Back To School: Taking Advantage Of Tax Free Money From Your Employer.”